Green’s Dictionary of Slang

busk n.

In phrases

make free with both ends of the busk (v.)

of a man, to caress a woman intimately.

[J. Marston Scourge of Villanie n.p.: Saturio wish'd him selfe his Mistres buske, / That he might sweetly lie, and softly luske / Betweene her pappes, then must he haue an eye / At eyther end, that freely might discry / Both hills and dales].
[Scot] ‘Bonny Lass o’ Liviston’ in Burns Merry Muses of Caledonia (1965) 158: Wi’ baith ends o’ the busk, I made me free.
[UK]Farmer & Henley Sl. and Its Analogues.

In exclamations

both ends of the busk! [SE busk, a corset, spec. its stiffening/supporting whalebone or other agent; the top would support the breasts, the bottom be near the vagina, the parts of the body that are being celebrated]

a toast before drinking.

[UK]Grose Classical Dict. of the Vulgar Tongue ms. additions n.p.: Busk. A piece of Whalebone or Ivory, both formerly worn by Women to stiffen the fore of their stays: hence the toast—Both Ends of the Busk.
[UK]Grose Classical Dict. of the Vulgar Tongue (2nd, 3rd edn) n.p.: busk. A piece of whalebone or ivory, formerly worn by women, to stiffen the forepart of their stays: hence the toast—Both ends of the busk.
[UK]Lex. Balatronicum.
[UK]Egan Grose’s Classical Dict. of the Vulgar Tongue.